Oslo, Norway - 3 September 2019

Biometric technology company Zwipe today announces its Interim Report January to
June 2019:

First Half Year

  · Revenues for the first half year TNOK 348 (677), reflecting precommercial
stage of business
  · Result after tax at TNOK -36 329 (-30 712) as the company invests in
strategic capabilities
  · New equity TNOK 120 000 was raised in January 2019
  · Cash and cash equivalents amounted to TNOK 73 728 on the day of closing

Significant events during the period

  · Zwipe and XH Smart Technology enter into a strategic partnership to launch
biometric payment cards
  · Zwipe and Infineon extend partnership
  · Zwipe enters milestone partnership to launch biometric payment cards with
Goldpac
  · Inkript to launch biometric payment cards with Zwipe
  · Zwipe announces JavaCard biometric payment platform
  · Thomas Greg & Sons do Brasil to launch biometric payment cards with Zwipe
  · TAG Systems and Zwipe partner to launch biometric payment cards
  · Zwipe appoints Dr. Robert Mueller as CTO and launches European Tech Hub
  · Zwipe selects T-shape sensor for volume roll-out offering, highlighting
Zwipe's patent
  · Zwipe raises NOK 120 million

Significant events after the period

  · Zwipe appoints Lars Myren as new CFO

CEO comment

André Løvestam, Chief Executive Officer at Zwipe, said "Zwipe had significant
progress during the first half of 2019. During the period we added five new card
manufacturing customers across the world, significantly broadening our customer
base. At the same time, multiple pilots with existing customers, banks and
payment networks, have provided strong results and given us unique insights as
we progress towards commercial adoption of our offerings.

Over the course of this summer, accredited third-party labs used for validation
by the major payment networks have confirmed that Zwipe's platform is
comfortably surpassing the biometric performance, security and interoperability
requirements for certification to be awarded to card manufacturers.

During the first half of 2019 multiple card manufacturers have started the
capital-intensive process of launching biometric payment card specific
manufacturing lines, semiconductor providers have begun the development of
dedicated offerings for this emerging market, and the entire value chain
supporting these processes has started moving more aggressively.

This vote of confidence of the future prospects in biometric payment cards and
wearables has opened up several new strategic opportunities for Zwipe;
opportunities that we are now pursuing at full speed.

Based on this confirmation of Zwipe's value proposition and long-term prospects,
the Board of Directors has concluded an intent to list on Nasdaq Stockholm's
First North Growth Market, thereby further accelerating and supporting the
company's development.

I am confident that Zwipe is well positioned to unlock the exciting
opportunities coming our way and I am looking forward to the next phase of our
journey."

Please find the full report attached or on the company's website www.zwipe.com.

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About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low
-power, self-contained biometric authentication solutions. Together with an
ecosystem of partners including global brands within security, financial
services and ID applications, Zwipe is "Making Convenience SecureT" for banks,
merchants and consumers. Using advanced fingerprint recognition while protecting
personal information, Zwipe's solutions address the data theft pitfalls inherent
in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has
spent the last 10 years developing its unique power harvesting technology
platform in combination with security solutions based on international
infrastructure standards. To learn more, visit www.zwipe.com

Media Contact for Zwipe: André Løvestam, CEO, +47 930 44 040 info@zwipe.com